medium · Investment Banking

In a DCF, the terminal value using the Exit Multiple Method (EMM) is 2,000 million based on a 10.0x EBITDA multiple.

If the WACC is 10% and the terminal year FCF is 100 million, what is the implied Perpetuity Growth Rate (g)?

  1. 4.76%
  2. 10.00%
  3. 5.00%
  4. 2.50%

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